A beautiful short move for Dow Jones A beautiful short move for Dow Jones if resistant levels keep holding
Trianglepattren
JICPT| Stronger headline inflation opens up room for gold! Hello everyone. After consolidating around $1760 for a few days, gold finally broke my rebound target of $1786 with stronger headline inflation released earlier today.
On the weekly chart, we can see gold is approaching the downtrend line which is part of descending triangle pattern . I guess price would face strong selling pressure around $1808.
On the daily chart, we can also note that $1808 is nearest pivot high aligned with the weekly structure mentioned above. If $1808 can be firmly conquered, gold will challenge the $1835 level for the fourth time .
So, in a nutshell, I set an alert on $1808 for potential bearish pattern setup . I don't think it will easily pass the level because of the pattern on the higher timeframe(weekly). For whatever reason it passes $1808, I will look for bullish setup with target 1 near $1835 .
What do you think of my rough trading plan ? Give me a like if you're with me.
DOTUSDT Consolidate and wait for entry!/Trading StrategyBYBIT:DOTUSDT
1H trend chart
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With the strong support zone, that was formed from long-term neckline, and the upper downtrend line.
Both keep price converging in a triangle formation, direction is still unknown.
So just wait for a break from this triangle.
If the upper downtrend line can be broken out, trading strategy as below.
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Profit Targets:
a) 35.320----Fib(1)
b) 37.005~37.685----Fib(1.272~1.382)
c) 41.510-----Fib(2)
Stop losses:
a) 32.430----Redhorizontal ray
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Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
VET It's time to pay attention for this breakoutVet is working towards breaking out of its current pattern by the end of the month, and looking to set a new ATH around mid November. This timeline could be accelerated by BTC and ETH pumps that have already started.
I am looking for VET to set the $1 ATH in December, and if we have a super cycle, VET will probably run to $2+. If you missed Cardano at 5-10 cents, vet could make the same run.
Do you think it's over ?A new Symmetrical Triangle is shaped as well.
The pullback is also completed (You can see that in 5min and 3min charts)
Growth patternWe can see that from 28-09 to 07-10 / 2021 a "Descending Bullish Expanding Triangle" was formed. this pattern is one of growth and I expect it to soon reach the S/R de area at 15100.
Good luck!
BTC Daily Time frame AnalysisBINANCE:BTCUSDT
In the daily time frame you can see that there is a triangle
And the price reached the ceiling of the triangle and reacted with a red candle
And a double-button pattern is completed and
Correction can be made and then continue to break the triangular roof
ANGELBRKG BREAKOUT BUY ON RETEST HIGH VOLUME !!!!!!!NOT A TIP OR CALL ONLY FOR EDUCATION
* Triangle pattern break
* High volume
* Retesting previous levels
NSE:ANGELBRKG